Technical Analysis : EUR/USD 19 October 2022

Forex Technical Analysis : EURUSD

Date : 19 October 2022

Pivot point : 0.9870

Our preference : short positions below 0.9870 with targets at 0.9820 & 0.9800 in extension.

Alternative scenario : above 0.9870 look for further upside with 0.9890 & 0.9910 as targets.

Comment : the RSI calls for a new downleg.

Supports and resistances :

0.9910 **
0.9890 *
0.9870
0.9842 – Last price
0.9820
0.9800 *
0.9780 **

Warning : This information isn’t a buy-sell signal.

Source : Trading Central

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